A French telecommunications company just pulled off the largest sale of junk bonds in history.

It's the latest indication of how strong the appetite for high-yield bonds is.

Related: Understanding bond fund types

Numericable (NUM.PA), which provides cable and internet service in France and other European markets, sold a record amount of high-yield bonds Wednesday with some priced in dollars and others in euros.

Airbnb may soon be worth more than all but three of America's largest hotel chains.

The website that lets you rent people's homes and apartments is reportedly finalizing a deal to raise about $500 million more from private equity firm TPG Capital and other investors, bringing the company's valuation to $10 billion.

Exxon Mobil (XOM), America's largest energy company, funded global warming denial groups for years. Now it has agreed to release a report by the end of March that details how climate change could affect its business.

The move comes in response to a shareholder resolution and as the nation marks the 25th anniversary of the Valdez oil spill that released 11 million gallons of crude oil into Prince William Sound in MORE

Heather Long is markets and investing editor for CNNMoney. She was formerly an assistant editor at The Guardian and an editor at The Patriot-News, which won the 2012 Pulitzer Prize for Local Reporting. She started her career at the investment consulting firm Cambridge Associates and is a Rhodes Scholar. Follow her on Twitter @byHeatherLong